Retirement becomes a luxury

The disappointing data were obtained as a result of the survey conducted by the Agency The Associated Press and NORC Center for Public Affairs Research. As it turned out, 23% of the workforce, including nearly 20% of those over 50 years, don’t even think about retirement, because they realize that they simply do not have enough money.

Another 25% expect to work after age 65 — as long as they have enough forces. In this regard, in a particularly difficult position are those who are still forced to do so because of illness, injury, dismissal, or need to care for other relatives.

Government statistics show that in June, worked or were actively looking for a new job about 20% of Americans aged at least 65 years, who have every right to retire. But the last of many, as they say, can only dream of. And although, according to Anki Chen, Deputy Director for research at the savings Center for Retirement Research at Boston College, the average retirement age increased slightly, it is possible that in the future he will grow more noticeable, since it will increase the number who failed to save the proper amount.

The survey showed that confidence in comfortable retirement experience only 14% of Americans under the age of 50 years and 29% of those who are older. Among members of the second category, another 40% don’t think they have enough money, and about a third are confident that they will need. For comparison, his lack of preparation for retirement feel 56% of workers who have not yet turned 50, and it seems that they will join the ranks of those who will try as long as possible to retire. In the most prosperous situation are those who have become old age pensioners: 38% to some extent confident that they have enough money, and 25% of such feelings do not.

The now 78-year-old Ronnie Bennett was working as an editor at the new York site, but she was fired in 63 years. It was a shock for her, and since life in the Big Apple now has become too expensive, she moved to Portland (Maine) and then in lake Oswego (or). “Sometimes I think that only winning the lottery would allow me to return to new York” — sad jokes Bennett, who leads the unit Time Goes By, telling about her life and the ongoing 2-year struggle with pancreatic cancer.

Overall, 39% positive about the stay at work beyond retirement age, 29% belong to this trend negatively, while 30% believe that it has no impact on the workers themselves. At the same time, 45% believe that the economy will only benefit from this. Among those who have turned at least 50 years, 42% believe that the work upon reaching retirement age, will benefit them, and only 15% do not think so, but the younger generations have disagreed on this issue.

Only 6% of pensioners, finally “tied” with work, said that it happened before they turned 50. But the rest can harbour unrealistic expectations as the reasons to do so sooner than expected can be very different, then the cost of treatment and lack of savings are the main problems.

They faced 57-year-old Larry Zarzecki, a former police officer from Maryland, which is a neurological problem led to the fact that at 47 he resigned. When he was diagnosed with Parkinson’s disease, he had to borrow money to buy not only necessary medicines, but also the most vital.

Although Zarzecki receives a pension and is a policy that every year he has to spend on medicines more than 3 thousand dollars. However, he remains optimistic — takes part in activities of non-profit organizations Movement Disorder Education and Exercise, which helps those who suffer from these diseases, calling on legislators of all levels to take measures against price rise for medicines.
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